Manhattan Residential Contracts from August 11-17, 2025

Over the second week of August 2025, the number of Manhattan apartment and townhouse contract signings fell 8% with 199 deals totaling $400 million in potential sales if all units close at their asking prices. This was a significant 28% drop week-over-week, largely due to the likely record-breaking $87M deal at 140 Jane Street that was signed the week prior. The median asking price rose 3% to $1.365 million, while the average time on market swelled to about16 weeks.